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The Surprisingly Swift Decline of U.S. Manufacturing Employment
by BayAreaObserver in #economics   9 comments, latest 8 months ago
"The Sharp Decline in U.S. Manufacturing employment is closely linked to a change in U.S. trade policy granting China Permanent Normal Trade Relation Status". This paper finds a link between...
USA: Muslim rapefugees 91.4% on food stamps, 68.3% on Cash Welfare
by zzyzzx in #immigration   32 comments, latest 1 year ago
USA: Muslim “rapefugees” – 91.4% on food stamps, 68.3% on Cash Welfare They forgot to mention that these figures tend to remain more or less permanent with Muslim migrants....
Mish is right (ouch, hurts to say that).
by Blurtman   16 comments, latest 2 years ago
"Nearly Every Mainstream Economic Theory Wrong I started to write nearly every mainstream economic theory is suspect. I changed the subtitle to wrong because there is not a single mainstream...
UC Berkeley Touts $15 Minimum Wage Law, Then Fires Hundreds Of Workers
by zzyzzx in #economics   5 comments, latest 1 year ago
UC Berkeley Touts $15 Minimum Wage Law, Then Fires Hundreds Of Workers After It Passes UC Berkeley announced that it was laying off 500 employees just a week after...
Buy now or be priced out forever 2.0
by PockyClipsNow in #housing   90 comments, latest 3 months ago
Real estate is a' boomin in Los Angeles. Apparently the anti-trump rhetoric doesnt apply to real estate OR stock market - in fact it appears to be inversely proportional. The...
The complete failure of free market Austrianism
by iwog in #politics   122 comments, latest 2 years ago
What destroys the Austrian religious cult as a valid interpretation of the economy isn't the Great Depression. It isn't even the fact that the election of FDR is the great...
The recovery is beginning to wane
by iwog in #economics   233 comments, latest 1 year ago
Just a feeling so far. Our bankruptcy business is starting to pick up. I've had two problem tenants paying rent this month when in the past 5 years I've had...
Will the GOP embrace Bernie Sander's Outsourcing Prevention Act ?
by BayAreaObserver in #outsourcing   13 comments, latest 9 months ago
Summary of the Outsourcing Prevention Act: United Technologies is not an outlier; it is representative of how so many multi-national corporations are taking advantage of our rigged economic system to...
Things Just Got Serious in Europe's War on Cash
by BayAreaObserver in #CashlessSociety   16 comments, latest 7 months ago
The central authorities in Europe just launched their most important offensive to date in their multiyear War on Cash. The new move comes directly from the European Union’s executive branch,...
How the Elites Built America's Economic Wall
by freak80 in #housing   63 comments, latest 5 years ago
"Over the past 30 years, the convergence [of incomes] has largely stopped. Incomes in the poorer states are no longer catching up to incomes in rich states...In a new working...
Bernie Not Only Doesn't Understand Economics...
by smaulgld   15 comments, latest 1 year ago
He has some other strange ideas The Revolution is Life vs Death Amazing that many people admire this guy and think he would be competent to be President just...
Fed is forcing America's retirees to bail out younger generation
by Patrick in #investing   38 comments, latest 1 year ago
And so the era of ultra-easy, crisis-era monetary policy goes on. One banking CEO, however, thinks it was a mistake, and the choice is hurting the American economy. According...
Saudi Arabia stews in policy hell: Spengler
by BayAreaObserver in #politics   11 comments, latest 1 year ago
It is very hard to evaluate the scale of internal threats to the Saudi monarchy, but the broader context for its concern is clear: Saudi Arabia finds itself isolated, abandoned...
I feel I kind of ruined my life by going to college
by BayAreaObserver in #college   67 comments, latest 1 year ago
Today, there is a student debt class like no other: about 42 million Americans bearing $1.3 trillion in student debt that’s altering lives, relationships, and even retirement. “I feel I...
House prices compared to salary density
by Patrick in #housing   27 comments, latest 5 months ago
Just out of curiosity, I found data on 25 cities in the US and compared house prices to "salary density" (people per square mile times income per person) and plotted...
Mike Rogers resigns from Trump transition team
by iwog in #politics   54 comments, latest 9 months ago
Well if this was economics, I'd call this yet another black swan. Mike Rogers was the foreign affairs expert and assigned to national security administration. For now this is yet...
It's An All Time High
by TwoScoopsMcGee   8 comments, latest 9 months ago
Previously, on MSM Hyperbole, many Pundits swore this would happen: Bond yields have moved lower and so have stocks, as the markets have begun to react to the possibility of...
Republicans mission to return Bush polices under Romney
by Politicofact in #politics   Posted 5 years ago
"The GOP legislation awaiting Romney's signature isn't simply a return to the era of George W. Bush. From abortion rights and gun laws to tax giveaways and energy policy,...
Time to Buy a House? Not on your life!
by mtw in #housing   15 comments, latest 4 years ago
Anyone who buys a house in today's market should be aware of the risks. They should know that current prices are not supported by fundamentals, but by unprecedented manipulation by...
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